The market has been really tense these past few days, everyone...
I just started doing 2-3 future trades based on my friend's advice for a while, but lately watching BTC drop and rise has been really scary :(((
When I enter a trade, I get nervous; when I don’t enter, I regret if my friend makes a profit. I’ve noticed quite a few people losing trades due to high leverage, so I remind myself to be more careful and not to be too greedy.
After entering a few trades, I’ve drawn out some "hard-earned" experiences as follows:
1) When there’s too much news, it’s best to stay still. I’ve entered trades a few times when news came out, and I lost every time.
2) FOMO is indeed the enemy. Whenever I see people bragging about their profits, I want to jump in too, but I always lose.
3) Managing capital sounds easy, but it’s hard to do. Now I only dare to use a small amount of money to learn gradually.
Now I’ve temporarily stopped trading futures and focused on watching charts and reading more basic knowledge. The market is still there, no need to rush.
I wonder if there’s anyone new like me who is in the "learning while being scared" phase? If so, please share some experiences with me, thank you <3
#CryptoVietnam #BTC #FutureTrading #newbie #ClarissaCrypto
